Democratizing Entrepreneurship Through Community Building with Jason Wong, Doe Beauty
Beyond 8 Figures
English - August 31, 2022 09:30 - 33 minutes - 39.5 MB - ★★★★★ - 195 ratingsEntrepreneurship Business Management entrepreneurship business growth strategy Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Through his 8 years of entrepreneurial experience, Jason Wong has come to realize that community building is one of the key drivers of the success of a business. Democratizing your approach to entrepreneurship helps your business stand out from the competition, ensures that your customers stay invested in your product, and allows you to give people what they really want.
About Jason Wong:
Jason has been an entrepreneur since the age of 16, and over the past 8 years, he has built a portfolio of 7-figure and 8-figure eCommerce brands in beauty, food and beverages, home decor, and apparel! Some of these include Doe Beauty, Wonghaus Ventures, and Saucehaus.
Episode highlights:
Rather than building a business for your customers, build it with them. Democratizing your approach to entrepreneurship will allow you to really tune into what your customers want so that you can give it to them. This will help you stand out from your competition even in a very saturated market! (01:43)
Nobody enjoys getting bad reviews, but here’s a fresh perspective on them: the people who take the time to give you a low ranking are the ones who really care about your company because they want you to do better! Take all negative comments as constructive criticism! (5:53)
Creating a community makes people more invested in your business because they are incentivized by the fact that they are building a better product for themselves. Enhance the sustainability of your community by providing things like early access, discount codes, or programs where members can earn money for promoting your products. (07:12)
Consistency is the key to being a successful entrepreneur. Every now and again you’ll hear about an entrepreneur who rises up and makes millions overnight, but they’re likely to fall just as quickly. Entrepreneurship is a long game, and if you play it right it can be incredibly rewarding in more than just the financial sense. (23:44)
Jason’s best advice for entrepreneurs:
“The people that actually join your Discord group, just like the people who give you one-star reviews, are the people who really give a crap about your company.” (05:53)
Connect with Jason:
Website
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